# Kabum Comércio Eletrônico

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kabum-comercio-eletronico

- Industry: Internet
- Headquarters: Sao Paulo, Brazil
- Website: www.kabum.com.br
- Latest round: Series A (Mar 3, 2011)
- Investors on record: 1

## About

Based in Sao Paulo, Brazil, and founded in May 2003 by Leandro and Thiago Ramos, Kabum Comércio Eletrônico SA, trading under the name KaBuM!, is an e-commerce company that is accessible to more than 5000 cities nationwide serving more than 8 million clients. The company was fully acquired by Magazine Luiza S/A from Insight Partners for BRL 1 billion in July 2021. As of September 2021, Leandro Ramos remains to be the CEO of the company.

Kabum Comércio Eletrônico SA operates as an online store specializing in electronics and information technology. The e-commerce platform sells various products in addition to electronics, including automotive electronics, cosmetics, perfume, housewares, and musical instruments, totalling more than 20,000 items in stock. The company also manages e-sports rosters for League of Legends and Free Fire, and a YouTube channel named kabum.tv (KABOOM! TV).

In 2020, Kabum Comércio Eletrônico SA generated BRL 3.4 billion and a profit of BRL 312 million.

## Funding rounds

- Series A, Mar 3, 2011 — Insight Partners

## Investors

- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A